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Energy Cooperation with Allies in Europe: Security and Gas Exports

This act aims to enhance Europe's energy security by reducing reliance on Russian resources. It will expedite the export of U.S. natural gas to allies, including NATO countries and Japan. It also imposes sanctions on entities supporting Russian energy pipeline construction, potentially impacting global energy markets and prices.
Key points
Expediting U.S. natural gas exports to NATO countries and Japan, potentially affecting energy availability and prices in these regions.
Imposing sanctions on companies supporting Russian energy pipeline projects, aiming to weaken Russia's influence on the energy market.
Promoting energy diversification in Europe, which could lead to greater supply stability and potentially lower consumer prices.
Developing a U.S. energy strategy for Europe to increase exports of American energy technologies and services.
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Additional Information
Print number: 118_HR_1253
Sponsor: Rep. Miller, Carol D. [R-WV-1]
Process start date: 2023-02-28